Key insights
7 takeaways · ~3 min read- 01Alphabet's total revenues increased from $257.637 billion in 2021 to $282.836 billion in 2022, representing a 10% growth.
- 02Net income for Alphabet decreased from $76.033 billion in 2021 to $59.972 billion in 2022.
- 03Diluted net income per share decreased from $5.61 in 2021 to $4.56 in 2022.
- 04Costs and expenses rose from $178.923 billion in 2021 to $207.994 billion in 2022, with research and development increasing from $31.562 billion to $39.500 billion.
- 05Foreign currency exchange rates unfavorably affected EMEA revenue growth in 2022, primarily due to the strengthening U.S. dollar against the Euro and British pound.
- 06Alphabet views AI as a foundational and transformational technology, already powering core products like Google Search, Lens, and Translate, and central to their ad quality systems.
- 07The company faces ongoing risks from cyber attacks, including nation-state and state-sponsored actors, and industry-wide software supply chain vulnerabilities like Log4j.
Summary
SEC 10-K filing for Alphabet, filed 2023-02-03.
Cite this report
Citation
Generating citation...
